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Renanza Realty
For sale

52 LAKE AVENUE Drive

Stoney Creek, Ontario

MLS® 40878046

$899,900

Status
Active
Property type
House
MLS® number
40878046
Bedrooms
7
Bathrooms
3
Year built
1930

Listing description

RENOVATED LEGAL TRIPLEX ON A DEEP LOT IN THE HEART OF OLD STONEY CREEK. Three self-contained units, major updates done, and a location that's hard to beat. If you're looking for a property that works as hard as you do, this legal triplex delivers the rare combination of income, flexibility and lifestyle in one of Stoney Creek's most walkable neighbourhoods.

The big standout is the work that's already been done. A metal roof, most windows replaced, new flooring, fresh paint and updated landscaping mean the major capital expenses are already taken care of, giving you peace of mind instead of a renovation list. Each unit has its own kitchen and four-piece bath, with separate hydro meters.

The front unit has three bedrooms plus a basement, while the middle and back units each have two bedrooms. With two units vacant, you have the flexibility to set fresh market rents for those units or move family in. Imagine living in one unit while the other two help pay the mortgage.

Parking is plentiful, with room for every unit, and the exceptionally deep lot gives you outdoor space that's rare this close to everything. Step outside and you're minutes from the King Street shops, cafés and restaurants of Old Stoney Creek, Battlefield Park, schools and everyday amenities. Lake Ontario, Confederation Beach Park and the waterfront trail are a short drive away, with quick access to the QEW and Confederation GO for easy commuting.

Whether you're a first-time buyer looking to house hack, a family wanting multi-generational living, or an investor building a long-term hold, this is a rare opportunity where income, location and lifestyle come together.

Property summary

MLS® number
40878046
Property type
Single Family
Building type
House
Square footage
3,108 sq ft
Title
Freehold
Built in
1930
Annual property taxes
$6,489.82
Parking
10 spaces
Days on market
0 days

Features & details

Heating
Baseboard heaters, Forced air, Electric, Natural gas
Cooling
None
Basement
Unfinished, Partial
Appliances
Washer
Exterior features
Aluminum siding, Vinyl siding
Lot features
Paved driveway, Laundry- Coin operated, Sump Pump
Community features
Community Centre
Architectural style
Other

What would this home cost you?

Based on the $899,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,187 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Your Home Sold Guaranteed Realty Elite, Grimsby.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.